Form 4: Kohl's Corp Executive Raymond Christie Reports Stock Transactions
SEC Form 4 Filing
Sr. EVP & Chief Marketing Officer of Kohl's Corp, Raymond Christie, reports acquisition and disposal of common stock due to dividend equivalents and tax obligations related to vested restricted stock units.
Summary
- Raymond Christie, Sr. EVP & Chief Marketing Officer of Kohl's Corp, filed a Form 4 detailing changes in beneficial ownership.
- On June 17, 2024, Christie acquired 649 shares of common stock representing a dividend equivalent amount on vested restricted stock units.
- On the same day, Christie disposed of 5,259 shares of common stock at a price of $21.58 to satisfy tax withholding obligations upon the vesting of restricted stock units and corresponding dividend equivalent amounts.
- Following these transactions, Christie beneficially owns 196,278 shares of Kohl's Corp common stock, which includes 135,417 unvested shares of restricted stock and restricted stock units.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions related to executive compensation. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for corporate insiders to report transactions in their company's stock, providing transparency to investors.
Key Dates
| Date | Description |
|---|---|
| 06/17/2024 | Date of stock acquisition and disposal transactions. |
| 06/18/2024 | Date of signature on the Form 4 filing. |
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